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HSBC - a signatory to or has publicly expressed support for:
· The UN Global Compact
· The OECD Guidelines for Multinational Enterprises
· The Global Sullivan Principles
· The UN Principles for Responsible Investment
· The UN Principles for Sustainable Insurance
- guided by the International Bill of Human Rights
- supports the UN Declaration of Human Rights
employment rights - written contracts, employee handbooks and staff websites
a diverse and inclusive culture
employees' views are encouraged, concerns are attended to
work in an environment where bias, discrimination and harassment on any matter, including gender, age, ethnicity,
religion, sexuality and disability, are not tolerated
->stressed again in HSBC Annual Report and Accounts 2016
Good marketing - only a gimmick or with real respect?
HSBC is to offer its transgender community a choice of 10 new gender-neutral titles as part of its plan to improve the banking experience for customers
The new service has been developed, in tandem with HSBC Pride, the bank’s internal LGBT employee network
a document from HSBC dated 23 September 2015
HSBC's policy: Employees who have same-sex marriage enjoy the same staff welfare as husband and wife
-> really show respect to gay couples
how about transgender?
HSBC offers choice of transgender titles for bank's customers!
HSBC’s new honorifics are:
Ind (abbreviation of individual)
M
Mx (pronounced “mix” or “mux”)
Misc (for miscellaneous)
Mre (for mystery)
Msr (a mix of miss/sir)
Myr
Pr (prounced “per”, for person)
Sai (pronounced “sigh”)
Ser (pronounced “sair”)
http://www.hsbc.com/-/media/hsbc-com/citizenship/our-values/pdfs/150930-hsbc-statement-on-human-rights.pdf
http://www.independent.co.uk/news/uk/home-news/hsbc-bank-transgender-customers-neutral-titles-mx-ind-mre-a7659686.html
sustainability policies on forestry, agricultural commodities, freshwater infrastructure, metals and mining
human rights considerations, e.g. land rights, harmful or exploitative child labour or forced labour
the Group Management Board of HSBC
-> established a Conduct & Values Committee
concern: development of HSBC’s human rights commitments and policies
investigate credible allegations of human rights violations as reported via engagement with stakeholders
annual Communication on Progress provided
approach to human rights reported in Strategic Report and Annual Report and Accounts
show support for the LGBT community
A pair of Rainbow Lions were put at the HSBC Main Building Plaza
must prohibit the use of forced labour and child labour
respect labour rights:
- non-discrimination
- right to collective bargaining
- right and ability to leave employment when they choose
HSBC invited 6 artists to design artwork with the theme LGBT
Kevin Martin (a manager of HSBC): HSBC's core value is respect and understand everyone's unique opinion, belief and experience. This event shows our promise of the communion working environment. And it is expected that such message of equality can be spread from HSBC's employees to customers, the financial industry and the community.
1. HSBC statement on human rights
the Rainbow Lions
The two lions: Stephen and Stitt
originally stand for courage and prosperity
the coloured lions
-> which were designed by a local LGBT artist
also stand for pride and unity
photo also put on HSBC's official Facebook page
-> message spread further through the Internet
2. Community and Sustainability
community work - The HSBC Community Partnership Programme:
funds a range of projects organised by charities
3. CSR case study
improve social participation among disadvantaged members of the community
Applicants must be NGOs registered under S88 of the Inland Revenue Ordinance (Cap112) for at least 3 year
1. Youth and Education
4. BHR case study
Donation amount for each project ranges from HKD50,000 to HKD300,000
2. Health and Wellness
HKD18 million was allocated in 2015
Project duration up to 12 months
3. Environment
Hongkong Bank Foundation - HSBC 150th Anniversary Charity Programme
Education -
HSBC Scholarships, HSBC/HKU Asia Pacific Business Case Competition, HSBC Financial Dialogue Series, Junior Achievement (JA), Youth Opportunities Programme
Environment -
HSBC Water Programme, Revitalising a traditional village through eco-agriculture, Conserving biodiversity through wetland management and volunteering
Community work -
The HSBC Community Partnership Programme, The Community Chest of Hong Kong, Social innovation and entrepreneurship, HSBC Volunteer Scheme
Community - provides donations to community projects, volunteer work
Sustainability - balancing social, environmental and economic considerations in decisions
key elements of sustainable growth -
develop the skills, business innovation and low-carbon solutions
-> secure long-term prosperity for all
sustainability commitments infographic